3304 Ruritan Lake Palmyra, VA $ 2,900,000
3304 Ruritan Lake
$ 2,900,000
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3304 Ruritan Lake

Palmyra, VA, 22963
$ 2,900,000
Baths0.2 Sq 8,473

Monthly Estimate*

$ 20,257

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Studio

Farms/Ranches for sale in Palmyra, VA

for $2,900,000 with 2 half baths. This 8,473 square foot property was built in 2017 on a lot size of 64.57.

Welcome to Cunningham Creek Winery and your opportunity to own a turn-key award-winning boutique winery in the heart of the Monticello Wine Trail. Beginning in 2012, the current owners transformed this former cattle farm into a thriving destination for wine lovers near and far. The first vines were planted in 2013, followed by successive plantings to expand the vineyard to approximately 13 acres of Cab Franc, Chardonnay, Merlot, Petit Verdot, Pinot Gris, and Viognier grapes. There is space for you to expand the current vineyard on the 60+ acre property. All of the wine is made on premises in the state-of-the-art production area completed in 2017. The winery space has the capacity to produce 4000 cases annually. Current production is approximately 2000 cases per year, which allows you to increase production or gain additional income from custom crush clients. The production equipment is a winemakers dream, including 7 custom-made stainless-steel tanks, 100+ French oak barrels, 2000-liter press, sorting table, de-stemmer, 2 elevators, 2 pumps, a forklift, and more. The wines produced here have won many awards, including coveted gold medals from the Virginia Governors Cup. Approximately 98% of the wine is sold on-site to tasting room customers and CCWs sizeable Wine Club membership. There is untapped potential to increase sales outside the tasting room by working with a distributor. The tasting room and outdoor space were designed to create an atmosphere that welcomes guests to stay awhile and enjoy their favorite wines. It was purpose-built to support visitors year-round. The ample indoor space comfortably seats 80 guests at tables & chairs, sofas & soft chairs. Guests are surrounded by art that adorns the walls and quilts from the local Piecemakers group. In the winter, a large stone wood-burning fireplace adds to the welcoming ambiance. A music corner for indoor music doubles as a childrens play area when not used for music. Snacks and unique gift items are available in the Farm Store. A private room is also regularly rented for small parties and business meetings. There are 3 restrooms inside, one with an external door, making renting additional restrooms unnecessary for most events. When you step outside, youre greeted with a beautiful view of the vineyard, trees, and rolling hills. Again, various seating options exist on the L-shaped deck and a large manicured lawn area. The deck can seat 42 guests at a combination of table and chair sets, all with a view of the music stage below the vines. The main deck has a retractable waterproof covering. Off the deck are picnic tables, tables, and chair sets under 12 pergolas with retractable waterproof awnings. For guests who prefer small group seating, clusters of Adirondack chairs are scattered on the lawn. Again, all can see and enjoy the live music on the outdoor stage. Surrounding the pergolas, the lawn stretched to the trees, vines, and dog park, offering plenty of room for large groups to spread out and kids to play. The dog park is fenced, so dogs and their people can romp freely. There is a water pump and, in summer, a dog pool in the dog park. Cunningham Creek Winery is perfectly constructed to offer many special events, including weekly live music, food trucks, and yoga. Team trivia and music bingo are offered monthly and have a large following. The large, ample seating in the tasting room and outside allows live music to proceed year-round despite the weather. There are various annual events throughout the year where CCW partners with community non-profit organizations. The annual Harvest Fest boasts a one-of-a-kind mini-pumpkin slingshot, and the Easter Cork Hunt with a visit from the real Easter Bunny is among the highly anticipated yearly events. If youve ever dreamed of owning an award-winning winery with a talented and experienced winemaker and staff, Cunningham Creek Winery is waiting for you!

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Farms/Ranches Active

Price

$ 2,900,000

Bedrooms

Studio

Half Bath

2

Property Type

Farms/Ranches

Taxes

$ 9,678

Style

Lot Size

64.57

Year Built

2017

Town/City

Palmyra

County/Region

Fluvanna

MLS | Web ID

VAFN2000208

Features
Interior
Heating Fuel Electric
Hot Water Electric
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 8473
Full Baths 0
Half Baths 2
Central Air Y/N Y
Total Bedrooms 0
Below Grade Finished Area 0
Main Level Bedrooms 0
Below Grade Finished Area Unit Type Square Feet
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 2
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General
Sewer Public Sewer
Heating Heat Pump(s)
Cooling Central A/C
Possession Settlement
Zoning A1
Pool Y/N No Pool
Construction Materials Frame
Year Built 2017
Levels 1
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits
County FLUVANNA
New Construction N
Property Type Farm
HOA / Comm Assn N
Subdivision Name PALMYRA
Farm Features Shed(s)
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions use GIS
City PALMYRA
Buyer Agent Compensation 3
Senior Community Y/N N
Lot Size Square Feet 2812669.00
Waterfront Y/N N
Street Name RURITAN LAKE
Tax Annual Amount 9678.0
Structure Type Detached
Condo/Coop Association Y/N N
Clean Green Assessed Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 2.00
Price Per Sq Ft 342.26
Vacation Rental Y/N N
Days on Market 233
Standard Status Active
Year Built Source Assessor
Tax Lot 74
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Public
Type of Parking Parking Lot
Foundation Details Slab
Water View Y/N N
Lot Size Acres 64.57
Lot Size Units Square Feet
Lot Size Source Assessor
Crops Included Y/N Y
Farm Operation Vineyard
Land Assessed Value 278900.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 3304
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* Excluded Features
List By
Virginia Estates, Inc.

Broker

hello@virginiaestates.com

Email

Affordability Calculator

$21,064
Per Month
96%
4%
0%
Monthly Principal & Interest
$20,257
Monthly Property Taxes
$807
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4067364 Elementary School
3542116 Middle School
Fluvanna County High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2023$2,900,000 Listed Price

Map


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3304 Ruritan Lake, Palmyra, VA, 22963 is a Farms/Ranches for sale at $2,900,000 with 8,473 sqft and a lot size of 64.57. 3304 Ruritan Lake is a studio with 0.2 baths and was built in 2017. The property's zip code is 22963 which is in Palmyra, VA